After a few days of slight decrease, this afternoon gasoline prices increased

Gasoline prices in the operating period take place this afternoon – October 12 is forecast to increase. The reason gasoline prices are forecast to rise is because the world gasoline prices in the past days tend to increase slightly.

Yesterday – October 11, the gasoline price adjustment period came, but because it was Sunday, the management and change of gasoline prices were adjusted to this afternoon – October 12. According to oil experts forecast, gasoline prices in this operating period tend to increase.

According to data from the Ministry of Industry and Trade, the average price of finished gasoline on the Singapore market, updated to October 8, of RON 92 averaged $ 46.35 a barrel, RON 95 gasoline was $ 47.85 a barrel, increasing 1-2% lighter than previous cycle. On the same trend, oil prices also inched slightly to over 44 USD a barrel.

Information on Singapore gasoline prices is updated on the website of the Ministry of Industry and Trade.

According to petroleum experts, with the slight increase in the updated table above, the regulator can increase the price of gasoline by about 40-120 dong per liter, and the oil price by about 150 dong. But if the agency manages to use the Fund, the price of gasoline can be kept at this executive term.

Earlier in the afternoon of September 26, the management agency adjusted E5RON92 gasoline to reduce VND 51 per liter, to a maximum of VND 14,215; diesel oil decreased by 390 dong, maximum was 11,218 dong; kerosene also decreased by 144 VND, to 9,449 VND and madut oil up to 10,826 VND / kg, equivalent to a decrease of 117 VND. Particularly, the price of RON95 gasoline is kept unchanged at VND 14,980 per liter compared to 15 days ago.

To reduce the price of E5RON92 gasoline and petroleum products at that time, the regulator still used the Petroleum Price Stabilization Fund. This time, the Ministry of Industry and Trade did not deduct the price stabilization fund for E5RON92 gasoline, madut oil but 100 VND for RON95, 400 VND for diesel and 200 VND per liter for kerosene.


Phuong Nam